So… they don’t have magical powers after all. In a statement on their website, Power Balance admits that there is no credible scientific evidence that Power Balance wristbands improved your strength, balance and flexibility.. its all in the mind.
For those who doesn’t know what this product is.. or what it claimed to do…
WHAT IS POWER BALANCE?
Power Balance is Performance Technology designed to work with your body’s natural energy field. Founded by athletes, Power Balance is a favorite among elite athletes for whom balance, strength and flexibility are important.
HOW DOES THE HOLOGRAM WORK?
Power Balance is based on the idea of optimizing the body’s natural energy flow, similar to concepts behind many Eastern philosophies. The hologram in Power Balance is designed to resonate with and respond to the natural energy field of the body.
They are even giving out a full refund for those who “feels” they have been misled. Below is the full statement from Power Balance.
In our advertising we stated that Power Balance wristbands improved your strength, balance and flexibility.
We admit that there is no credible scientific evidence that supports our claims and therefore we engaged in misleading conduct in breach of s52 of the Trade Practices Act 1974.
If you feel you have been misled by our promotions, we wish to unreservedly apologise and offer a full refund.
To obtain a refund please visit our website www.powerbalance.com.au or contact us toll-free on 1800 733 436
This offer will be available until 30th June 2011. To be eligible for a refund, together with return postage, you will need to return a genuine Power Balance product along with proof of purchase (including credit card records, store barcodes and receipts) from an authorised reseller in Australia.
This Corrective Notice has been paid for by Power Balance Australia Pty Ltd and placed pursuant to an undertaking to the Australian Competition and Consumer Commission given under section 87B of the Trade Practices Act, 1974.
So, this means that there’s no difference if you just buy a fake one rather than the original. Imitations here in the Philippines are only 10% of the price of the original.
Or maybe it really works? Let’s ask Shaq…